Alkem Laboratories Limited — Others, 08-11-2024: Action(s) initiated or orders passed

Alkem Laboratories Limited has received a notice from the Assistant Commissioner of State Tax in Mumbai, directing the bank to withhold ₹12,39,101 under the Profession Tax Act. The company disputes the notice and plans to file an appeal. The management confirms there is no material impact on its financial or operational activities. Further details are available on the company’s website.